Cardano / Bitcoin
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$ADA BTC is being shy - 85% short-term, 950% long-term

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Guys,

Things may look bad right now, very bad: multiple red candles with little to no wicks, trading below the 9D EMA, 100D MA, and 200D MA. However, the undeniable potential that ADA may go to .000024 range is definitely real:

снимок

So with that, it’s just a matter of your pain threshold and how greedy you want to be to get the absolute best price for this coin. The .618 and .786 fib time zones are coming up very shortly, so we’ll see either a 78.6% retrace or a 90% retrace, and after that, we’ll resume our up trend unless the crypto god hates us.

Entries: half at .00002220 and other half at .00002
Stop below .001850
Target: .0036, take half profit at .0024, and spread the rest all the way up to .0036

Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!

Kinashi-San

*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*

Now we wait
Заметка
Correction on on Trade instructions:

Entries: half at .00002220 and other half at .00002
Stop below .00001850
Target: .000041, take half profit at .000034, and spread the rest all the way up to .0041
ADABTCChart PatternselliotwaveanalysisFibonacci ExtensionTrend AnalysisWave Analysis

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